After only two years, Pikes Peak Community College’s Falcon campus has made a profit, a full year ahead of schedule.
The campus, opened August 2008, posted a profit of more than $415, 000 as of April 30, said Tony Kinkle, president of the community college system. Kinkle said the original plan was to post a profit in its third year of operation.
The profit will go back into PPCC’s general fund to be used at all its campuses in El Paso County, he said.
The falcon camps received nearly $1 million in tuition and an additional $45,000 in fees for the 2009-2010 school year. The school also took in more than $13,000 in registration costs and $23,000 in course fees. Costs equaled $334,508 for faculty and $143,978 for staff fees. Leasing fees were $129,000.
PPCC opened the campus at the old Falcon Middle School, after an agreement with Falcon School District 49.